HomeMy Public PortalAbout2016_03_08_R031 Five Year Lease Extension for Mason Enterprise Center The Town of
Leesburg,
PRESENTED March 8, 2016
Virginia
RESOLUTION NO.: 2016-031 ADOPTED March 8, 2016
A RESOLUTION: AUTHORIZING THE TOWN MANAGER TO EXECUTE A 5-YEAR
LEASE EXTENSION BETWEEN THE TOWN OF LEESBURG AND
VIRGINIA HERITAGE PROPERTIES, LLC, FOR OCCUPANCY OF THE
OFFICE BUILDING AND RELATED FACILITIES AT 202 CHURCH
STREET, SE.
WHEREAS, on or about September 1, 2010,the Town of Leesburg ("Town") entered into a
Deed of Lease with Virginia Heritage Properties, LLC, to lease a portion of the building and facilities
located at 202 Church Street,to house and operate the Mason Enterprise Center; and
WHEREAS, the Deed of Lease became effective on October 1, 2010; and
WHEREAS, the term of the Deed of Lease expires on September 30, 2016, unless a 5-year
extension is agreed upon; and
WHEREAS, Town staff and Virginia Heritage Properties, through legal counsel,have
negotiated the terms of the 5-year Lease Amendment and Extension Agreement and have agreed to
the terms thereof.
THEREFORE, RESOLVED,by the Council of the Town of Leesburg in Virginia that the
Lease Amendment and Extension Agreement is approved and the Town Manager is authorized to
execute the 5-year Lease Amendment and Extension Agreement with Virginia Heritage Properties,
LLC, in a form approved by the Town Attorney.
PASSED this 8t" day of March,2016.
David S. Butler, Mayor
Town of Leesburg
ATJTE:T;:
r - . ...'A�
Clerk of Council.1i
P:\Resolutions\2016\0308 Lease Amendment and Extension Agreement for MEC.doc